480-442-0779

5023 E RED ROCK Drive, 39, Phoenix, AZ 85018 (MLS# 6511289)

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5023 E RED ROCK Drive, 39, Phoenix, AZ 85018

$2,500,000
Property Type: Land and Lots Lot Size (sq. ft.): 101,037 Status: Closed
Current Price: $2,100,000 List Date: 2/02/2024 Last Modified: 2/21/2024

Description

2.3 acres on Camelback Mountain. This lot has incredible unobstructed views of the entire valley and downtown. The lot is elevated as one of the highest salable lots on the south side of Camelback Mountain. Enjoy panoramic views and amazing city lights. Buyer has the unique opportunity to purchase a buildable lot with designs & waivers already secured. Setback variance approved to 10' to 40' which is standard. Permits were obtained for driveway side encroachment to street. Permit was obtained for functional septic design. Also included is the waiver for retaining wall heights for existing walls & design. A complete survey & staking will be provided. Current home design is 4400 square feet. This design is transferable. Builder & various resources are already engaged & can be transferable

More Information MLS# 6511289

Contract Information

Current Price: $2,100,000 Sold Price: $2,100,000 Status: Closed List Date: 2023-01-24 For Sale or Lease?: Sale Type: ER Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 2.5 Variable Commission: N

Location, Tax & Legal

Map Code/Grid: N36 House Number: 5023 Compass: E Street Name: RED ROCK St Suffix: Drive Lot #: 39 City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Zip4: 1800 Country: USA County Code: Maricopa Assessor's Map #: 48 Assessor's Parcel #: 10 Add'l Parcels: No Assessor Number: 172-48-010 Legal Description (Abbrev): LOT 39 RED ROCK NORTH MCR 007512 Subdivision: RED ROCK NORTH Census Tract: 107900 Tax Municipality: Phoenix Taxes: 12907 Tax Year: 2022

General Property Description

Apx Total Acres: 2.32 Apx Total Acres G/N: G Price Per Acre: 1077586.21 Apx SqFt: 101037 Price Per SqFt: 24.74 Apx SqFt G/N: G Lot Size Dimensions: IRR Zoning: R35 Flood Zone: No Elementary School: Hopi Elementary School Jr. High School: Ingleside Middle School High School: Arcadia High School Elementary School District: Scottsdale Unified District High School District: Scottsdale Unified District

Remarks & Misc

Cross Street: Camelback Road and Dromendary Road Directions: Camelback and Dromendary Road, North on Dromendary Road, East to Red Rock Drive Geo Lat: 33.515226 Geo Lon: -111.970149

Status Change Info

Status Change Date: 2024-02-21 Off Market Date: 2024-02-02 Under Contract Date: 2024-02-02 Close of Escrow Date: 2024-02-20 Sold Price: $2,100,000

Legal Info

Township: 2N Range: 4E Section: 17 Lot Number: 39

Pmt & Rate Info

Equity: 2500000

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N HOA 2 Y/N: N

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Parcel Size: 1.00 - 2.49 Acres Development Status: See Remarks Land Features: Corner Lot; City Light View(s); Mountain View(s); North/South Exp Vegetation: Natural Vegetation; High Desert; Low Desert Land Configuration: Irregular Shape Roads/Streets: Asphalt Freeway/Highway: 2.1 - 5 Miles Water: City Franchise Sewer: Septic Tank Electric: SRP; Individual Meter Gas: SW Gas; Individual Meter Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: None New Financing: Conventional Reports/Disclosures: Seller Prop Disc Stm Environmental: None Showing Notification Methods: Text Lockbox Type: None Fencing: Chain Link; Wire; See Remarks
Listing Office: RE/MAX Fine Properties
Last Updated: February - 21 - 2024
5023 E RED ROCK Drive, 39, Phoenix, AZ 85018- MLS# 6511289
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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